Terra

Terra

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Created using Figma
Terra is building a decentralized price-stable cryptocurrency that will gain usage as a means of payment at massive scale through an alliance of large commerce partners across the globe.It will then leverage its scale and network effects to facilitate the development of unbounded financial dApps, growing the real GDP of the blockchain economy.
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About Terra

We need a decentralized stablecoin

Cryptocurrencies have the potential to transform the financial landscape. Yet, price volatility remains a major barrier for mass adoption. Our answer is Terra, a decentralized stablecoin to become a new global currency. Terra is a protocol of money that ensures price-stability by algorithmically expanding and contracting supply. Terra's Stability Reserve makes a decentralized guarantee of solvency, protecting it from the speculative and regulatory risks that other currencies are exposed to. Terra is backed by Luna, a decentralized asset that derives its value from transaction fees collected on the Terra network. Much like the moon stabilizes the earth’s rotation, Luna is Terra's eternal guardian of stability. Paying for groceries with cryptocurrency will soon become a reality. Look forward to lower transaction fees, attractive offers and a seamless payment experience.

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Followers:
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Members:
3 906
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Delta:
-914 543

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